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USD Index Primed For Reversal, British Pound To Search For Support

posted by Avatar stephenie 2 hours 57 minutes ago in USD, EUR

In turn, we could be seeing another false breakout in the index, but the flight to safety may gather pace on Thursday as we expect the Bank of England and the European Central Bank to strike a cautious outlook for their respective economies. As the USD ... read more
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Sarkozy announces measures to stimulate economy in crisis

posted by Avatar stephenie 10 days ago in CHF made popular 10 days ago

But he said France's debt at nearly 1.7 trillion Euros (USD 2.2 trillion) was too high and would need to be brought down through growth. France's leader said that he was adopting new measures to help domestic growth in France, notably incitement for ... read more
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Dollar adds to losses on U.S. data, Fed rate view

posted by Avatar stephenie 13 days ago in USD made popular 13 days ago

Analysts had expected US jobless claims to rise to 370000 last week. The data came one day after the Fed said interest rates would remain near zero until late 2014. The central bank had previously pledged to keep interest rates close to zero until ... read more
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What are Economic Indicators?

posted by Avatar stephenie 23 days ago in USD, EUR, CAD, AUD, Commodities

The USD was strong, the Sterling was weak, but the Euro was collapsing. If you were trading the USD/GBP, you would be buying, but if you were trading the GBP/EUR you would be selling. Against the dollar the pound was falling but against the euro the ... read more
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GCC foreign assets exceed USD 1.8 trln ''12 - AIC

posted by Avatar stephenie 24 days ago in Commodities made popular 24 days ago

An AIC report about the fourth quarter of 2011, projected economic growth in 2011 to be seven percent with a suprlus in the foreign current account of USD 279 billion. Crude oil production rose by 2.1 million barrels per day (bpd) last year to reach ... read more
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AUD/USD still biased higher V.Bednarik

posted by Avatar stephenie 27 days ago in CHF, AUD made popular 27 days ago

Wednesday saw AUD/USD trade in range between 1.0260 and 1.0325, ending trade in New York in virtually the same place it began 24 hours prior. According to Valeria Bednarik, Chief Analyst at FXstreet.com: Technically ... read more
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Oil Soars Close to 8-Month Highs on Iran Tensions

posted by Avatar stephenie 35 days ago in Commodities

Brent North Sea crude for February jumped to USD 113.97 per barrel -- which was its highest level since November 14. It later stood at USD 112.82, 69 cents higher than yesterday. "Alongside the return of economic optimism, oil is also finding support ... read more
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Lighter Volumes but Building Tensions Setting the Stage for M/T USD Strength ...

posted by Avatar stephenie 41 days ago in USD, EUR made popular 41 days ago

Turkey's central bank has taken unorthodox monetary policy tightening to combat inflation and further lira weakness. ECB has further room to cut while scope for traditional QE remains if Europe's debt crisis worsens. Top tier DM data nonexistent in ... read more
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AUD/USD hovering around 1.0150

posted by Avatar stephenie 42 days ago in AUD made popular 42 days ago

Australian dollar has been consolidating between the 100 and 50-day EMAs for the past few days, trading in a very limited range between 1.0125/80, last at 1.0150. "The AUD/USD range seems limited by 1.0100/1.0180, ... read more
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FX AUD/USD: Opens Asia on firm note following choppy session

posted by Avatar stephenie 49 days ago in AUD made popular 48 days ago

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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AUD/USD orders

posted by Avatar stephenie 56 days ago in AUD made popular 56 days ago

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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Strata Oil Provides Updates on $1.3 USD Billion Cadotte Project, Carbonate ...

posted by Avatar stephenie 57 days ago in Commodities

CALGARY, ALBERTA, Dec 13, 2011 (MARKETWIRE via COMTEX) -- Strata Oil and Gas (otcqb:SOIGF), a leader in the exploration and development of heavy oil from carbonates, today provided updates on its $1.3 USD billion Cadotte Project and the surrounding ... read more